job preserved by this subsidy scheme amounts to approximately 60% of the wage cost per job,

suggesting that these jobs are expensive to preserve. A uniform electricity tax combined with

production-dependent subsidies preserves jobs at a lower welfare cost compared with the current

differentiated electricity tax system.

Beskrivelse

Accepted Author Manuscripts (post-print) : This is the author's version of a work that was accepted for publication in "Energy Policy". Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanism, may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Energy Policy, [vol.39, issue 9, September 2011] DOI: http://dx.doi.org/10.1016/j.enpol.2011.06.049